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May 9, 2014
08:54 EDTALUAlcatel-Lucent reports Q1 EPS (4c) vs. (7c)
Reports Q1 revenue EUR2.96B vs. EUR3.06B last year. Reports gross margin improvement of 410 basis points year-over-year to 32.3%, driven essentially by favorable product mix and improved profitability in most business divisions. CEO Michel Combes said: “Having put the Group in the right financial direction last year we are encouraged by the continued progress shown in the first quarter of 2014. This confirms the industrial logic of the strategic choices we have made and provides a good start on which to build during the rest of 2014 as we work towards our objective of bringing the Group as a whole back to positive free cash flow by 2015.”
News For ALU From The Last 14 Days
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June 28, 2015
18:08 EDTALUElliott takes roughly 1.3% stake in Alcatel-Lucent, FT says
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June 22, 2015
07:17 EDTALURegulators to decide by July 27 on Nokia, Alcatel-Lucent deal, Reuters reports
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June 17, 2015
11:03 EDTALUNokia, Alcatel-Lucent say DOJ permits companies to proceed with combination
Nokia (NOK) and Alcatel-Lucent (ALU) announced that the U.S. Department of Justice has granted early termination of the U.S. antitrust waiting period for the combination of Nokia and Alcatel-Lucent, permitting the transaction to proceed. The parties said they continue to make good progress with the regulatory approval processes in the remaining relevant jurisdictions, with the parties having already obtained antitrust clearances in Brazil and Serbia. The transaction remains subject to approval by Nokia shareholders, Nokia holding over 50% of the share capital of Alcatel-Lucent on a fully diluted basis upon completion of the public exchange offer, receipt of other regulatory approvals and other customary conditions. The transaction is expected to close in the first half of 2016.

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